Feeder and stocker cattle sold steady to $4 higher this week, according to the Agricultural Marketing Service. It was a comparatively light test, though, as winter weather curtailed receipts across much of the primary trade areas.
“Significantly reduced sales were reported in Oklahoma, Arkansas, Missouri, and Kentucky where many stocker buyers go to fill their springtime orders,” AMS analysts explained Friday.
“The best demand, where tested, was for heavier stocker cattle weighing 600-750 lbs., which was just right for hard-wintered cattle coming off dry and short wheat pastures in the Southern Plains,” AMS analysts say. “Heavily supplemented feeders coming out of grow yards farther north were not as widely accepted, although they still sold handsomely.”
Listen to the Cattle Market Weekly Audio Report every Saturday morning on the BEEF magazine website. This is your report for Saturday, Mar. 8, 2014.
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